CSTL: HWeb: R59: Peeker:
If any of you are still in this, please comment.
It hit my $2.91 buy price earlier ($3.00 now). The large gain in Q4 overwhelmingly affects the PE, but I see the 4th quarter is their largest annually anyway. Naturally, that doesn't bode well for the next 3 quarters, but they have made money every quarter since 2001.
They had their highest revenues of any year in 2004. They should have decent comparisons for the next 3 quarters. The balance sheet is very good as they have no debt and cash represents 47% of their PPS. And, their float is just 2.4M.
I'm not likely to be a buyer, but I could be. And, I certainly think others here should be interested. The chart shows it to be at support.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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